• Title/Summary/Keyword: Factor demand structure

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A Study on the Factor Demand Structure of Sweet Persimmon (단감의 생산요소 수요구조분석)

  • Yoo, Li-Na;Hwang, Su-Chul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.9
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    • pp.5843-5849
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    • 2015
  • This study analyzes the factor demand structure of sweet persimmon as a part of finding out cost cutting measures. Income and cost data from 2001~2013 Agricultural Income Survey are used for placing the translog cost function and estimating price elasticies and cross elasticities of labor, capital and intermediate input. The result shows that own price elasticities of all factors are small in absolute terms. Additionally the result indicates capital and intermediate input cannot be a substitution for labor, which is a top-line cost-share. It means that the demand for labor cconstitutionally can't be reduced in a short time. This implies that cost reduction should be done focusing on intermediate input, particularly on fertilizer and materials which have higher price elasticity of demand.

The Determinants of International Competitiveness for the Korean Apparel Industry (한국 의류산업의 국제경쟁력 향상을 위한 결정요인)

  • Baek, Young-Ha;Park, Jae-Ok
    • Journal of the Korean Society of Clothing and Textiles
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    • v.32 no.3
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    • pp.474-485
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    • 2008
  • The purpose of this study is to examine the determinants and elements to enhance Korean international competitiveness, employing Porter's(1998) Diamond Model. Half of the 500 leading apparel exporters that were members of the Korea Apparel Industry Association in 2003 were selected as the target of this research. From May to June of 2003, survey questionnaires were sent to executives of these 250 companies in person or by telephone, e-mail, or fax. Seventy questionnaires were used for the final data anlysis. The items used were Reliability, Categorical Regression, and Frequency, using SPSS 11.5. The results were as follows: First, as a result of analyzing the influence of international competitiveness in Korean apparel industry, the firm's strategy, structure, and rivalry was the most influential factor. Others were related and supporting industries, government, chance, demand conditions, and factor conditions. Also, the elements that affect Korean international competitiveness were listed as the level of price competition in foreign markets, the level of labor cost, export marketing capacity, and exchange fluctuation. The most important element to improve the international competitiveness of the Korean apparel industry was a demand growth rate of the overseas markets(Demand Conditions), followed by the level of the labor costs(Factor Conditions), the capability of internationalization(Firm Strategy, Structure, and Rivalry), the change of currency(Chance), the quality and management of products(Demand Conditions), the capability of planning products(Firm Strategy, Structure, and Rivalry), free trade from 2005(Chance), and global sourcing strategy(Firm Strategy, Structure, and Rivalry). Korea's main rival country in apparel related and supporting industry factors is China. However, Korea has a higher level of technology development, quality, and price level than China.

The Effects of Mental Capacity and Mental Demand on Problem Solving (문제해결자의 정신용량과 문제의 요구정신용량이 문제해결에 미치는 영향)

  • Ahn, Soo-Young;Kwon, Jae-Sool
    • Journal of The Korean Association For Science Education
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    • v.16 no.2
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    • pp.134-145
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    • 1996
  • The purpose of this study was to investigate effects of mental capacity and mental demand on problem solving. Two kinds of tests were used for this study. One was FIT 752 test which required general knowledge, the other was Ohm's law test which required domain specific knowledge. The items of each test had the same logical structure and content knowledge but had different sizes of mental demand. The results of the study were summarized as follows: As mental demand of the items increased, the success rates decreased. The analysis of the hierarchical relation among items was that items with large mental demand were higher than those with small demand or at least the same level. According to the results, mental of an item was a significant factor affecting solving the problem. Effect of mental capacity on problem solving was different according to the kind of required knowledge to solve. Mental capacity was a significant factor affecting solving the FIT 752 task which required general knowledge. On the contary, solving the task which required domain specific knowledge, the results were different depending on subjects' chunk size. The results of problem solving of the groups which had small chunk size were that mental capacity was appeared a significant factor. However, results of problem solving of groups which had large chunk size were that mental capacity was not.

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Seismic response modification factors for stiffness degrading soil-structure systems

  • Ganjavi, Behnoud;Bararnia, Majid;Hajirasouliha, Iman
    • Structural Engineering and Mechanics
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    • v.68 no.2
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    • pp.159-170
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    • 2018
  • This paper aims to develop response modification factors for stiffness degrading structures by incorporating soil-structure interaction effects. A comprehensive parametric study is conducted to investigate the effects of key SSI parameters, natural period of vibration, ductility demand and hysteretic behavior on the response modification factor of soil-structure systems. The nonlinear dynamic response of 6300 soil-structure systems are studied under two ensembles of accelograms including 20 recorded and 7 synthetic ground motions. It is concluded that neglecting the stiffness degradation of structures can results in up to 22% underestimation of inelastic strength demands in soil-structure systems, leading to an unexpected high level of ductility demand in the structures located on soft soil. Nonlinear regression analyses are then performed to derive a simplified expression for estimating ductility-dependent response modification factors for stiffness degrading soil-structure systems. The adequacy of the proposed expression is investigated through sensitivity analyses on nonlinear soil-structure systems under seven synthetic spectrum compatible earthquake ground motions. A good agreement is observed between the results of the predicted and the target ductility demands, demonstrating the adequacy of the expression proposed in this study to estimate the inelastic demands of SSI systems with stiffness degrading structures. It is observed that the maximum differences between the target and average target ductility demands was 15%, which is considered acceptable for practical design purposes.

Capacity spectrum method based on inelastic spectra for high viscous damped buildings

  • Bantilas, Kosmas E.;Kavvadias, Ioannis E.;Vasiliadis, Lazaros K.
    • Earthquakes and Structures
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    • v.13 no.4
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    • pp.337-351
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    • 2017
  • In the present study a capacity spectrum method based on constant ductility inelastic spectra to estimate the seismic performance of structures equipped with elastic viscous dampers is presented. As the definition of the structures' effective damping, due to the damping system, is necessary, an alternative method to specify the effective damping ratio ${\xi}eff$ is presented. Moreover, damping reduction factors (B) are introduced to generate high damping elastic demand spectra. Given the elastic spectra for damping ratio ${\xi}eff$, the performance point of the structure can be obtained by relationships that relate the strength demand reduction factor (R) with the ductility demand factor (${\mu}$). As such expressions that link the above quantities, known as R - ${\mu}$ - Τ relationships, for different damping levels are presented. Moreover, corrective factors (Bv) for the pseudo-velocity spectra calculation are reported for different levels of damping and ductility in order to calculate with accuracy the values of the viscous dampers velocities. Finally, to evaluate the results of the proposed method, the whole process is applied to a four-storey reinforced concrete frame structure and to a six-storey steel structure, both equipped with elastic viscous dampers.

A Study on the Changing Factors of the Electricity Consuming Pattern in accordance with the change in the Economic Growth Structure (경제성장 구조변화에 따른 전력소비 변화요인 연구)

  • Rhee, Sang-Chul
    • Proceedings of the KIEE Conference
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    • 2005.11b
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    • pp.151-155
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    • 2005
  • An electricity consumption is closely related to the economic growth structure. The change of economic growth structure affects the pattern of electricity consumption widely and severely. This paper gives that the primary changing factors of electricity growth are economic growth, change of industry structure(the change of electricity consumption ratio in case of residential sector), and the effect of electricity saying. It gives a model to analyze the influence of GDP to the change of electricity consumption patterns by sector through the period of pre and post 1998(IMF, financial crisis) to observe the contribution of each factor to the growth of electricity demand. It is anticipated that this study shows the feasible scheme of economic structure to become the developed country.

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A Study on the Demand Research for Facilities of Logistics from Factor Comparison (요인비교법을 통한 물류시설 수요조사에 관한 연구)

  • Yoon, Tomes;Kim, Tae-Seok;Lee, Geon-Su;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.9 no.5
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    • pp.103-110
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    • 2007
  • To build a most efficient and competitive warehouse, need to reflect tenants various opinions in advance such as location, rentable size, leasing terms, rental, configuration of the building, building structure, traffic flow and amenities. Thus a survey for major tenants which are logistics, retailers and manufactures should be done to figure out potential demand and marketing strategy to lead to be a competitive warehouse. However above survey is time consuming work and requires high cost involvement thus to avoid such an inefficient process and to facilitate investors prompt and right decision making, there should be a tool which helps to make a decision process easier with simple key factors. In other word, we have used above mentioned 'Demand Approach' so far but here I am introducing 'Factors Comparison' which reflects location factors and facility factors. I derived Kwang-myung logistics park's proper rental rate through 'Demand Approach' which analyzed Seoul Metropolitan area's rental warehouse status and rents, and also defined a size of potential demand area and rental. And this report compared the result with an outcome of 'Factors Comparison' then compared each methods and drew a conclusion of 'Factors Comparion's better convenience and efficiency.

Locational Preferences for Regional Distribution Center : Focused on Asian Hub Airports (지역거점물류센터 입지선정에 관한 연구 : 아시아 지역 허브 공항을 중심으로)

  • Song, Jae-Gil;Bhang, Wan Hyuk;Song, Sang Hwa
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.2
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    • pp.103-112
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    • 2016
  • As supply chains are globalized, multinational companies are trying to optimize distribution networks using a hub and spoke structure. In this hub and spoke network structure, multinational companies locate regional distribution centers at hub airports, which serve demands in their corresponding regions. Especially when customers put higher priority on the service lead-time, hinterlands of international hub airports become ideal candidate locations for the regional hub distribution centers. By utilizing excellent airport and logistics services from hub airports, regional distribution centers in the hub airports can match supply with demand efficiently. In addition, regional hub distribution centers may increase air cargo volume of each airport, which is helpful in the current extremely competitive airport industry. In this paper, we classified locational preferences into three primary categories including demand, service and risk and applied the analytic hierarchy process methodology to prioritize factors of locational preferences. Primary preference factors include secondary factors. Demand factor contains access to current and prospect markets. Service factor comprises airport and logistics perspectives. Service factor in terms of airport operations includes secondary factors such as airport service and connectivity. Service factor in terms of logistics operations contains infrastructure and logistics operations efficiency. Risk factor consists of country and business risks. We also evaluated competitiveness of Asian hub airports in terms of candidate location for regional hub distribution centers. The candidate hub airports include Singapore, Hong Kong, Shanghai, Narita and Incheon. Based on the analytic hierarchy process analysis, we derived strategic implications for hub airports to attract multinational companies' regional hub distribution centers.

A Study on Information Consumption Behavior Structure of Rural Residents in Changchun, China (중국 장춘시 농촌주민의 정보소비 행동구조에 관한 연구)

  • Liu, Hui-Shu;Jung, Gi-Young;Kim, Hyung-Ho
    • Journal of the Korea Convergence Society
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    • v.11 no.1
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    • pp.9-16
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    • 2020
  • This study aims to deeply analyze the information consumption behavior structure of rural residents in Changchun, China. and further improve the information consumption level of rural residents. Questionnaire survey and statistical analysis were used in this study. First, Through in-depth interview and open questionnaire collection and compilation of measurement questions. Secondly, residents in 15 rural areas around Changchun were selected for the survey, Finally, SPSS23.0 was used for exploratory factor analysis of recovered data, and Mplus7.4 was used for confirmatory factor analysis. The results show that the structure of information consumption behavior of rural residents in Changchun includes three dimensions of information demand, information literacy and payment ability, which is corresponding to the previous studies on information consumption behavior structure's demand power, purchasing power and information quality. This study has certain empirical validity.

The Multisector Model of the Korean Economy: Structure and Coefficients (한국경제(韓國經濟)의 다부문모형(多部門模型) : 모형구조(模型構造)와 추정결과(推定結果))

  • Park, Jun-kyung;Kim, Jung-ho
    • KDI Journal of Economic Policy
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    • v.12 no.4
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    • pp.3-20
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    • 1990
  • The multisector model is designed to analyze and forecast structural change in industrial output, employment, capital and relative price as well as macroeconomic change in aggregate income, interest rate, etc. This model has 25 industrial sectors, containing about 1,300 equations. Therefore, this model is characterized by detailed structural disaggregation at the sectoral level. Individual industries are based on many of the economic relationships in the model. This is what distinguishes a multisector model from a macroeconomic model. Each industry is a behavioral agent in the model for industrial investment, employment, prices, wages, and intermediate demand. The strength of the model lies in the simulating the interactions between different industries. The result of its simulation will be introduced in the next paper. In this paper, we only introduce the structure of the multisector model and the coefficients of the equations. The multisector model is a dynamic model-that is, it solves year by year into the future using its own solutions for earlier years. The development of a dynamic, year-by-year solution allows us to combine the change in structure with a consideration of the dynamic adjustment required. These dynamics have obvious advantages in the use of the multisector model for industrial planning. The multisector model is a medium-term and long-term model. Whereas a short-term model can taken the labor supply and capital stock as given, a long-term model must acknowledge that these are determined endogenously. Changes in the medium-term can be analyzed in the context of long-term structural changes. The structure of this model can be summarized as follow. The difference in domestic and world prices affects industrial structure and the pattern of international trade; domestic output and factor price affect factor demand; factor demand and factor price affect industrial income; industrial income and relative price affect industrial consumption. Technical progress, as measured in terms of total factor productivity and relative price affect input-output coefficients; input-output coefficients and relative price determine the industrial input cost; input cost and import price determine domestic price. The differences in productivity and wage growth among different industries affect the relative price.

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